When a loved one passes away, their assets may need to go through a legal procedure called probate in which a court will determine how those assets are to be distributed. In this episode, you’ll learn more about probate and how to protect your loved ones from having...
Many people associate estate planning with that one inevitable aspect of life we don’t like to think about: death. However, we should not ignore the importance of estate planning with regard to situations that may occur while we are still living. Estate planning...
Have you been told you need a trust, but don’t understand why or what a trust is? Do you think a will avoids probate? This episode breaks down the differences between a will and a trust, and why you may need one, or both, and discusses the effect each has on you...
Older adults are remarrying more and more often. In 1960, only 42% of previously married individuals 55 years and older ever remarried. In 2013 this number had grown to 57%, and by 2017 it had leaped an additional 10% to 67%. Second marriages are becoming...
Wills and trusts serve many of the same purposes, so it is natural that the two are often confused. Both are important estate planning tools that help you organize your assets and ensure they are passed to the right people when you die. Both require the help of an...